Zhaojin Mining Industry CoZHAOF 75 Net Current Asset Value is $-0.65 as of Dec. 2025. GuruFocus rates ZHAOF with a GF Score™ of 75/100 and a GF Value™ of $3.78 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,334 Metals & Mining companies, Zhaojin Mining Industry Co ranks worse than 74962.44% on this metric.
In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
Zhaojin Mining Industry Co's net current asset value per share for the quarter that ended in Dec. 2025 was $-0.65.
The historical rank and industry rank for Zhaojin Mining Industry Co's Net Current Asset Value or its related term are showing as below:
ZHAOF's Price-to-Net-Current-Asset-Value is not ranked *
in the Metals & Mining industry.
Industry Median: 6.665 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Zhaojin Mining Industry Co (OTCPK:ZHAOF) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
Zhaojin Mining Industry Co Net Current Asset Value Related Terms
Zhaojin Mining Industry Co Net Current Asset Value Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Zhaojin Mining Industry Co Net Current Asset Value Chart
ZHAOF vs NEM, AU: Net Current Asset Value Comparison
For the Gold subindustry, Zhaojin Mining Industry Co's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Zhaojin Mining Industry Co Price-to-Net-Current-Asset-Value vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Zhaojin Mining Industry Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Zhaojin Mining Industry Co's Price-to-Net-Current-Asset-Value falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Net Current Asset Value of $-0.65 mean?
Zhaojin Mining Industry Co (ZHAOF) has a Net Current Asset Value of $-0.65 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Zhaojin Mining Industry Co and its competitors. According to the industry distribution chart, Zhaojin Mining Industry Co ranks #999999 out of 1334 companies in the Metals & Mining industry.
Is Zhaojin Mining Industry Co's Net Current Asset Value too high?
Zhaojin Mining Industry Co's current Net Current Asset Value is $-0.65. Based on the distribution chart, Zhaojin Mining Industry Co ranks #999999 out of 1334 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Zhaojin Mining Industry Co has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zhaojin Mining Industry Co's Net Current Asset Value compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Zhaojin Mining Industry Co ranks #999999 out of 1334 companies for Net Current Asset Value. This places Zhaojin Mining Industry Co in the lower half of its industry. The industry median Net Current Asset Value is 6.67. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Metals & Mining company?
The median Net Current Asset Value among Metals & Mining companies is 6.67, based on 1,334 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Zhaojin Mining Industry Co and its competitors. For the Metals & Mining industry, the median Net Current Asset Value is 6.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhaojin Mining Industry Co's current Net Current Asset Value is $-0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhaojin Mining Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Zhaojin Mining Industry Co (ZHAOF) is currently considered Possible Value Trap. The stock's GF Value™ is $3.78, compared to a current price of $2.06 — trading 45.5% below its estimated fair value. The current Net Current Asset Value is $-0.65. Zhaojin Mining Industry Co's overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Zhaojin Mining Industry Co (ZHAOF), the current Net Current Asset Value is $-0.65 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Zhaojin Mining Industry Co (ZHAOF) Overvalued in 2026?
Based on GuruFocus' analysis, Zhaojin Mining Industry Co stock appears to be undervalued.
The current stock price of $2.06 is trading 45.5% below its estimated GF Value™ of $3.78.
GuruFocus considers Zhaojin Mining Industry Co to be Possible Value Trap.
Key valuation signals for ZHAOF:
Net Current Asset Value: $-0.65
GF Value™: $3.78 vs. price of $2.06 (45.5% below fair value)
No single metric tells the full story. See the ZHAOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhaojin Mining Industry Co Ltd is engaged in the mining, processing, smelting, and sale of gold and silver products. The company has three reportable operating segments as follows: the Gold operations segment consists of gold mining and smelting operations; the Copper operations segment consists of copper mining and smelting operations; the Others segment comprises, principally, the Group's other investment activities, operation of a finance company, operation and catering services of a hotel, exploration services, engineering design and consulting services, and overseas operations.
75GF Score
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